Special Situations Funds Drive RBC Index

Feb 15 2007 | 2:24pm ET

The RBC Hedge 250 Index, an investable benchmark composed of 250 funds, returned 1.18% in January, RBC Capital Markets announced today. That figure trailed both the finalized December return of 1.4% and the Standard & Poor’s 500, which was up 1.51% last month.

As other indices have show, January was a good month for event-driven funds. The RBC mergers & special situations index rose 2.55% in January. Strong performances were also turned in by convertible arbitrage (1.9%), multi-strategy (1.84%) and managed futures (1.65%). On the other end of the spectrum, both fixed-income arbitrage (0.1%) and macro (0.3%) were essentially flat.


In Depth

Q&A: Schroders’ Forest Discusses Multi-Asset Investments On Eve Of U.S. Launch

Jul 17 2014 | 8:05am ET

Global investment manager Schroders has $446 billion in assets under management, $...

Lifestyle

Einhorns Busts At WSOP, Finishes In 173rd

Jul 15 2014 | 10:48am ET

Greenlight Capital founder David Einhorn’s World Series of Poker won’t end at...

Guest Contributor

Common Risk Parity Misperceptions

Jul 16 2014 | 11:02am ET

Over the past few years, risk parity has become a component of most investors’...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note